August 05, 2020 10:19 (IST)
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West Bengal's COVID-19 tally breaches 80,000 mark with highest-ever jump of 2752 cases, 54 deaths in last 24 hours | Pakistan's new political map including entire J&K is political absurdity: India | Theatre personality Ebrahim Alkazi passes away at 94 | Dharmendra Pradhan tests positive for Covid-19, hospitalised | Bihar govt can't recommend Sushant's death probe to CBI: Rhea Chakraborty's lawyer

RBI cuts repo rate of 40 basis points to 4 pc, term loan moratorium extended

Mumbai: The Reserve Bank of India on Friday announced a cut in the repo rate of 40 basis points to bring it down to 4 percent.   

India's corporate sector welcome's RBI repo rate cut amid COVID-19 outbreak

Mumbai/IBNS: The Indian corporate sector has reacted positively to the Reserve Bank of India's decision to slash the repo rate by 75 basis points to 4.4 per cent.